BATBTC
I AM BUYING BATUSDT - MORE UPSIDE POTENTIALFirst, clear 5 wave to the downside is finished.
We saw $0.1327 as local low. It could finished its' longer term correction.
The other possibility is impulsive move to the downside and correction to the upside as ABC.
Whether red ABC correction finish or not, good buying opportunity for me. Either it can play like ABC (big scale) or 12345 impulsive move to the upside.
12H Time frame BATUSDT at good buying zone. I am buyer $0.19 area right now. My stop is at $0.13
I can take profit if i will see 3 wave to the upside (red B play). Then i can add more at red C.
If its going up impulsively i will try to hold my position until $0.5 levels.
If its play like impulsive ;
Entry; $0.19
Stop; $0.13
TP; $0.50
R:R 5.167 which is AMAZING
As a trader have to be nimble and don't forget that it could be ABC correction to the upside still on the table.
I will decide this in action. Follow, share and like for more. Thanks.
Basic Attention TokenI will see it in the short term.
-BATBTC-
It is located near the 0.00002459 point.
It fell from the short-term uptrend line.
If you hold on well, you'll expect a big rise as before.
-BATUSD-
It fell to mid / long-term investment territory.
We look forward to gaining support from the upward trend line.
BAT/BTC 25% profit ideaMy first prediction here, lets see how it goes... BAT fundamentally is a GREAT project and has shown certain strength for the moment.
Also, here is some technical analysis that clearly shows a movement BAT may do.
Buy in white box! sell in violet horizontal lines.
SL: red horizontal line.
What do you think??
BAT/BTC Trade Idea - 40% MoveHey traders, another altcoin chart today.
BAT has already touched the 3452 level that we want to exit at, meaning it'll hit it again.
2580 sats (white level) is a monthly support, and this dip below it isn't anything to worry about. Now is the time you should actually be buying, when there's fear in the market.
I don't usually use indicators, but moving averages help understand what position the market is swinging, especially the 100MA (red) and 200MA (white).
In this case, they've crossed for the first time since July and we're left with a potential 40% move.
Entry @ 2480 sats
Exit @ 3452 sats
Take note this is a swing trade and won't play out in 4 hours or a day. It might take a while, but it'll play out, be patient.
As always please do your own research, I am not a financial advisor.
BAT fulfills the "Inverted Dragon." Channel 43%. Pivot points.Now the coin is at the bottom in the global channel in increments of 160%.
A local uptrend within this channel has broken through, thereby confirming the formation of the “Inverted Dragon” figure.
Short targets and at the same time points for observing a price reversal:
1) Hump level.
2) The support level of the local and global horizontal channel (very strong level).
3) Head Level (at the same time minimum price).
The local horizontal channel has a step of 44%.
The global horizontal channel has a step of 160%
I showed entry points on the chart.
The trading potential in the local channel is from +30 to + 40% . Also, if the price breaks through and fixes above the channel resistance line, the local growth potential is still the height of the previous channel by + 40% , the next strong resistance is at this level.
You can also enter at the head level of the inverted dragon when confirming support. It is unlikely that the price will fall to this level, but you need to be prepared for those things that seem unlikely.
It all depends on the breakthrough / retention of those zones that I showed on the chart.
I have been trading the BAT coin for over a year. I took all the main price movements. True, from only 100% of the movement, I took averaging 60-80% of the price movement.
Here in this trading idea I showed a global channel.
BAT is at the bottom of its former channel Potential + 140%
A teaching idea where a detailed review of the "Inverted Dragon" formation is made
Basic Attention TokenI will see it in the short term.
You should check if you can get support at 0.00002459.
You should also check if you are moving along a weak upward trend line.
It fell below the critical point of 0.19916000.
Check if you can rise again.
If it continues to fall, there is a possibility that you may touch the upward trend line and the 0.15494740 point.
Basic Attention TokenI'll take a mid to long term perspective.
BATBTC chart was added.
BAT also forms a box section.
It is between 0.00003277 and 0.00005161.
The current position is supported by the 0.00002459 branch that separates the long-term investment area.
We think that we face new opportunity.
We don't know whether it will rise to 0.00003277 ~ 0.00004175, the lower section of the box section, or 0.00004175 ~ 0.00005161, the upper section, but we believe it is worth investing in the medium to long term.
It is supported by the 0.19916000 branch and should be checked to see if it will completely move out of the downtrend line by around December 30th.
As long as we are on the uptrend line, we believe that buying is best done between the uptrend line and 0.19916000.
The primary target point is 0.37662744.
BATBTC, above 200MA and ready for a golden crossWelcome fellow Tradingviewers,
This analyses is only showing you guys my vision on BAT and should not be considered as financial advice. If you agree or find this analyses usefull, dont forget to leave a Like!
We are a huge fan of BAt because this is one of the crypto projects that is already showing real world use-cases. (if youre not familiar with the use case, check: Brave Browser)
A few weeks ago we spotted a great buying opportunity because of the huge MACD and RSI divergences that were seen on the daily and weekly timeframe. Now that we have cooled of a bit from that first run it is time to see if we can go for a second leg up.
BATBTC has been consolidating above the daily 200 MA for almost two weeks now, with the 50MA almost crossing above the 200MA to create a golden cross we are confident that prices will start rising again.
This was a short one, still hope that you guys enjoyed!
KR,
Forallcrypto
Basic Attention Token ($BAT) is going to get some attention.BAT is currently forming right shoulder of inverted H&S pattern.
Potential entry point is 3341 sats (break of the neck line).
With two potential target profits:
1. 4194 sats
2. 5113 sats
Do not forget about stop-losses.
It's not a financial advice.
Trade carefully and good luck!
Bullish INV. H&S on Basic Attention Token vs Bitcoin Everything you see is on the chart. Inv. H&S is formed on daily chart. But this pattern is a failure before confirmation. Go long only if price is above 3400 satoshi on BAT/BTC daily chart. This could be confirmation of bullish inv. h&s pattern. Invest or buy only that you could afford to lose. Press like & subscribe to my tradingview!